In a significant move to bolster regional security, the Lithuanian Ministry of Defense has embarked on an ambitious project to construct the necessary infrastructure to host a German military brigade by the end of 2027. Lithuanian Defense Minister Laurynas Kasčiūnas has confirmed that despite the
The Royal BAM Group, in collaboration with Swiss contractor Marti Generalunternehmung, has set a new standard in healthcare construction with the New Felix Platter University Hospital in Basel, Switzerland. This project showcases the transformative power of Building Information Modeling (BIM)
The leading index for commercial real estate, as measured by the Dodge Momentum Index (DMI), saw a 5% decline in October 2024 from the preceding month, dropping to 197.2 from 208.2. Despite this monthly retreat, the DMI remains 13% higher than in October 2023, indicating strong year-over-year
Effective communication is a cornerstone of successful construction project management, as highlighted by industry experts at the Construction Management Association of America (CMAA) annual conference in San Francisco. At the event held from October 24 to 29, 2023, leaders in construction
On Monday, federal approval was announced for a $500 million prison in Letcher County, Kentucky, marking a significant development in the region’s efforts to modernize its incarceration facilities. U.S. Representative Hal Rogers (R-KY) successfully secured the funding through the House
Election uncertainty has had a noticeable impact on construction activity leading up to the 2024 presidential race. Business owners' anxiety is at an all-time high, influencing key sectors such as private construction, while public sector projects remain somewhat insulated from these concerns for
